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Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Income Per Share

The components of basic and diluted income per share are as follows:

 

 

 

 

 

 

Year Ended December 31,

 

(in thousands, except per share data)

 

2020

 

 

2019

 

 

2018

 

Net income (loss) attributable to Viad (diluted)

 

$

(374,094

)

 

$

22,035

 

 

$

49,170

 

Less: Allocation to non-vested shares

 

 

 

 

 

(147

)

 

 

(458

)

Convertible preferred stock dividends

 

 

(3,006

)

 

 

 

 

 

 

Adjustment to the redemption value of redeemable noncontrolling interest

 

 

(926

)

 

 

(1,318

)

 

 

(251

)

Net income (loss) allocated to Viad common stockholders (basic)

 

$

(378,026

)

 

$

20,570

 

 

$

48,461

 

Basic weighted-average outstanding common shares

 

 

20,279

 

 

 

20,146

 

 

 

20,168

 

Additional dilutive shares related to share-based compensation

 

 

 

 

 

138

 

 

 

236

 

Diluted weighted-average outstanding shares

 

 

20,279

 

 

 

20,284

 

 

 

20,404

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic income (loss) attributable to Viad common stockholders

 

$

(18.64

)

 

$

1.02

 

 

$

2.40

 

Diluted income (loss) attributable to Viad common stockholders(1)

 

$

(18.64

)

 

$

1.02

 

 

$

2.40

 

 

(1)

Diluted loss per share amount cannot exceed basic loss per share.

Schedule of Excluded Weighted-Average Potential Common Shares from Calculations of Diluted Net Income (Loss) Per Common Shares

We excluded the following weighted-average potential common shares from the calculations of diluted net income (loss) per common share during the applicable periods because their inclusion would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Convertible preferred stock (as converted to common stock)

 

 

6,406,324

 

 

 

 

 

 

 

Unvested restricted share-based awards

 

 

115,089

 

 

 

8,000

 

 

 

500

 

Stock options

 

 

24,205